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LOANS & CREDITS December 12, 2019

Benin - First Fiscal Management and Structural Transformation Development Policy Financing

IDA development policy credit: US$ 50.0 million equivalent

Maturity: 38 years Grace: 6 years

IDA development policy grant: US$ 50.0 million equivalent

Project ID: P168668

Project Description: The objective of the program, the first in a programmatic series of two, is to (1) strengthen fiscal and debt management; (2) improve the financial sustainability of the energy sector; and (3) foster the development of the digital economy.